R. Adam Norwitt has been at the helm of Amphenol Corporation since 2009, making significant strides since he first joined the company in 1998. With a law background, Norwitt rose through the ranks quickly, becoming Chief Operating Officer in 2007...

Current Market Cap

$85.26B

Number of Employees

95K

Total Compensation

2019 - 2023

Trending up by 524.59% last year
Showing total compensation for the last 2019 - 2023

Stock

Up by 0.00% last year

Salary

Up by 3.93% last year

Bonus

Up by 0.00% last year

Other

Up by 8.90% last year

Year

2023

Total Compensation

$10.94M

Salary

$1.46M

Board Justification

The compensation philosophy aims to align the interests of management with those of shareholders, focusing on performance-based compensation to drive long-term shareholder value.

Bonus

$0.00

Board Justification

Mr. Norwitt did not earn an incentive plan payment under the 2023 Management Incentive Plan due to the company's performance metrics not being met.

Other

$382.12K

Board Justification

Other compensation includes car and driver services valued at $12,242, imputed compensation for group term life insurance of $5,382, a 401(k) match of $21,150, and notational contributions to a non-qualified supplemental defined contribution plan of $343,350.

Restricted Stock

$9.10M(425.97K options)

Board Justification

425,973 stock options were granted to Mr. Norwitt in May 2023, with an exercise price of $75.80, which vested in 2023.

Performance Metrics

The performance metrics for 2023 included revenue growth and Adjusted Diluted EPS growth, which were not met, resulting in no incentive plan payment.

SEC Filing

From April 8, 2024

Richard Adam Norwitt

CEO of Amphenol

A

Education

Not specified

Field of Expertise

Business & Management

Born

January 1, 1969 - 55 years ago

Is Founder?

No

Current Tenure

15 years 10 months (Jan 2009 - Present)

Previous Experience

President and Chief Operating Officer of the Company, Senior Vice President and Group General Manager of the Company’s Worldwide RF and Microwave Products division, Vice President and Group General Manager of the Company’s Worldwide RF and Microwave Products division

View Holdings

Insider Holdings of Richard Adam Norwitt

APH

$265.91M

$173.77M (188.57%)

Last Insider Trade

APH

$25.71M

APH at $64.28/share

Jul 31, 2024

Sale